>> well, in the last two years we've seen about $2.4 trillion of deficit reduction, 1.7 of that coming from spending cuts and .7 coming from tax increases on the wealthy. so i think there's still a lot of need for revenue from upper income earners, and the public agrees with that. and they want to see spending cut, too, and that's what the president and democrats have put forward. i think they'll keep talking about keeping that balanced approach, and if republicans keep insisting there are no more revenues, thai not on the -- they're not on the side of the public. jon: wait, wait, quickly. where have they put forward spending cuts? >> the president and senate democrats have put forward a balanced plan to move the sequestering back by a year, and the republicans are ve jekylling that saying they won't accept any revenue. they would rather have the sequester happen, they would rather have it tank the economy and undermine our national security than agree to a compromise. and i think, you know, the public is going to see through that sort of extremist position. jon: well, the president, i